Economics Funds

Scott M. Elliott Cross-Disciplinary Pilot Program

The Scott M. Elliott Cross-Disciplinary Pilot Program is a multi-year endeavor funded by the generous contribution from Scott M. Elliott, 1985 alum of the Department of Economics. The Pilot Program funds are intended to provide the most flexibility to the respective research teams to maximize the potential for successful completion of the preliminary research and grant submission. Funds from the Pilot Program can be allocated towards equipment, supplies, software, databases, travel support, course buyout, and/or stipends as outlined by the research team in their proposal. The proposal will contain a brief overview of the project, a budget specifying how the funds will be used in the preparation of an external grant submission, and a list of targeted government agencies and foundations for submission of the external grant proposal. The Scott M. Elliott Cross-Disciplinary Pilot Program is a multi-year endeavor funded by the generous contribution from Scott M. Elliott, 1985 alum of the Department of Economics. The Pilot Program funds are intended to provide the most flexibility to the respective research teams to maximize the potential for successful completion of the preliminary research and grant submission. Funds from the Pilot Program can be allocated towards equipment, supplies, software, databases, travel support, course buyout, and/or stipends as outlined by the research team in their proposal. The proposal will contain a brief overview of the project, a budget specifying how the funds will be used in the preparation of an external grant submission, and a list of targeted government agencies and foundations for submission of the external grant proposal.

Dr. Warren R. Harden Endowed Seminar & Lecture Series

The Dr. Warren R. Harden Endowed Seminar and Lecture Series will provide the resources to support the Department's on-going invited seminar and lectures series. These funds will in part cover the cost of travel, lodging, and meals and in some cases, honorarium for a speaker. These funds may also be used at the discretion of the department chair of economics for research purposes. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The Dr. Warren R. Harden Endowed Seminar and Lecture Series will provide the resources to support the Department's ongoing invited seminar and lectures series. These funds will in part cover the cost of travel, lodging, and meals and in some cases, honorarium for a speaker. These funds may also be used at the discretion of the department chair of economics for research purposes.

Colletta Helen Moser Endowment for Undergraduate Women in Economics

The Colletta Helen Moser Endowment for Undergraduate Women in Economics was established in 2020 with proceeds from the Estate of Colletta Helen Moser. The Endowment supports the Undergraduate Women in Economics (UWE) student organization at Illinois State University. The UWE is dedicated to increasing diversity and representation in the economics profession and to fostering a sense of inclusion across the broader community of scholars. Students are invited to join the organization regardless of their experiences with economics.

Scott Elliott Endowment in Economics

In June 2006 Scott M. Elliott made a gift of $250,000 to create the Scott Elliott Endowment benefitting the Department of Economics, Philosophy, and Sociology and Anthropology. The principal and expendable balances in this endowment were divided equally among three separate endowments. The purpose of each fund is to support the educational mission of the named department. Assets of this endowment are invested in the Illinois State University endowment Investment Pool. In December 2007 Scott M. Elliott made a gift of $100,000 to create the Scott Elliott Endowment in Economics. The fund supports the highest priorities in the Department of Economics as determined by the department chair. It is permissible to accumulate the expendable allocation over several years for the purpose of funding expensive priorities that cannot be funded through the annual general revenue funds.

James V. Koch - Economics Advisory Board Faculty Development Fund

*** Need Purpose Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. James V. Koch served as the chair of the Department of Economics at Illinois State University from 1972 to 1978. He was instrumental in the establishment of the department's advisory board. This fund was established to recognize his efforts on behalf of the department. Its purpose is to support quality teaching, research, and service activities of tenured or tenure-track faculty members of the Department of Economics.

Economics Department General Fund

The Economics Fund supports the general operating needs of the Economics Department at Illinois State University. The Department of Economics at Illinois State University has a longstanding reputation for excellence in research, education and community service. The Economics Department General Fund provides support for the activities, programs, and operations, including named commemorative scholarships and awards, of the department. The Department of Economics at Illinois State University has a longstanding reputation for excellence in research, education and community service.

Additionally Supports: Scott M. Elliot Graduate Scholarship

Economics Endowment for Graduate Student Excellence Fund

This fund was established in 2011 by the chair of the Department of Economics through an estate gift from former graduate student Wei Wei Ray. The purpose of the fund is to support an annual award for graduate students. The family of Ms. Ray supports the use of her generous estate gift because she remembered her time at Illinois State fondly, saying that being on campus was the happiest time of her life.

Dr. John Chizmar and Dr. Anthony Ostrosky Endowed Scholarship

The Dr. John Chizmar and Dr. Anthony Ostrosky Endowed Scholarship and award are established to honor the exemplary careers of John (Jack) Chizmar and Anthony (Tony) Ostrosky as professors in the Department of Economics at ISU. The scholarship will consist of one award to a current economics major and one to a faculty member who demonstrates scholarship in the teaching and learning of economics. Assets of this endowment are invested in the ISU Endowment Investment pool. Th Dr. John Chizmar and Dr. Anthony Ostrosky Endowed Scholarship was established in 2008 to honor the exemplary careers of John (Jack) Chizmar and Anthony (Tony) Ostrosky as professors in the department of economics at Illinois State University. The scholarship provides support for an undergraduate economics major with preference given to a student with financial need.

Additionally Supports: Dr. John Chizmar and Dr. Anthony Ostrosky Endowed Scholarshi

F. Russell Glasener-Economics Advisory Board Undergraduate Scholarship

*** Need Purpose Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. F. Russell Glasener taught economics at Illinois State Normal University for almost a quarter century, from 1935 to 1959. While on faculty he served as the first Secretary-Treasurer of the University Foundation and helped to organize the University Council, serving as its president for two years. As a volunteer leader in the community he served as councilman for the Town of Normal, McLean County board member, vice president of Citizens Savings and Loan, and lay leader in the Methodist church. As a tribute, Glasener Beach at Comlara Park was named in his honor. This scholarship was established in his memory and as a part of his legacy. Its purpose is to provide support to a worthy student who is majoring in economics.

Additionally Supports: Glasener Economics Scholarship

Deborah D. Amdor Scholarship

The Deborah D. Amdor Endowed Scholarship was established in 2015 by Deborah D. Amdor. The purpose of the award is to assist students interested in pursuing a degree in Economics.

Ron Ulmer Endowed Scholarship In Economics

Ron Ulmer received a B.S. in secondary education in 1970 and a Masters degree in economics in 1975 from Illinois State University. He enjoyed careers in teaching, rate analysis, marketing, and entrepreneurship. When Ron was an instructor he appreciated the efforts of average students who had a passion for learning and a willingness to work hard. He could relate to the fighters and scrappers and "late bloomers" in life, having been one himself. The purpose of this fund is to provide students who have average grades and a passion for learning economics with the opportunity to receive a degree in economics.

Brooke and Rachel Vinson Technology Fund